According to a report fromNikkei, Sony has put its commercial OLED development on hold. The company had previously announced thetermination of a joint OLED partnership with Panasonicback in December. While Sony had originally intended to continue development on its own, it seems as if those plans have now changed.

OLED televisions offer many benefits over traditional LCD technology, including superior black levels, better contrast, and fast response times. Unfortunately, the display tech is prone to low yield rates, expensive manufacturing costs and lifespan challenges, and Sony does not currently see enough demand for the product to warrant continued development. Instead, the company will continue to focus on LCD Ultra HD TVs, where it is the industry leader in the global 4K market.